Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Short Interest Up 60.0% in August

Key Points

• Daiwa House Industry Co., Ltd. saw a 60.0% increase in short interest during August, rising from 6,500 shares at the end of July to 10,400 shares by August 15th.
• The company's stock traded up 0.4% to reach $36.24, with a market capitalization of approximately $23.90 billion.
• Daiwa House reported an EPS of $0.84 for its latest quarter, surpassing analysts' expectations of $0.81, despite revenue falling short of estimates at $8.76 billion.

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totaling 10,400 shares, anincreaseof60.0% from the July 31st total of 6,500 shares. Based on an average daily volume of 24,700 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 24,700 shares, the days-to-cover ratio is presently 0.4 days.

Daiwa House Industry Trading Up 0.4%

Shares of OTCMKTS DWAHY traded up $0.16 during mid-day trading on Friday, reaching $36.24. 10,606 shares of the company's stock were exchanged, compared to its average volume of 22,946. The firm has a market capitalization of $23.90 billion, a price-to-earnings ratio of 10.98 and a beta of 0.44. The business has a fifty day simple moving average of $34.68 and a 200 day simple moving average of $34.38. Daiwa House Industry has a twelve month low of $27.95 and a twelve month high of $37.98.

Daiwa House Industry (OTCMKTS:DWAHY - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.03. The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.93 billion.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. engages in the construction contracts business in Japan and internationally. It operates through six segments: Detached Houses, Rental Housing, Condominiums, Commercial Facilities, Business Facilities, and Environmental Energy. The Detached Houses segment engages in custom-ordered housing and sales of detached houses and lots.

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